[HISTORY: Adopted by the Council of the Borough of Punxsutawney as indicated in article histories. Amendments noted where applicable.]
[Adopted as Ch. 2, Art. II, Div. 6, of the 1974 Code]
The Borough is hereby authorized to execute and deliver to the Secretary of Labor and Industry a plan or plans and agreement required under Section 6 of Act No. 491 of 1951 and the Social Security Act to extend coverage to employees and officers of the Borough of Punxsutawney and do all other necessary things to effectuate coverage of employees and officers under the Old Age and Survivors Insurance System. Such plan and agreement shall provide that the participation of the Borough of Punxsutawney shall commence as of January 1, 1951.
Editor's Note: See 65 P.S. § 201 et seq.
The Secretary of the Borough Council is hereby authorized to establish a system of payroll deduction to be matched by payments by the Borough to be made into the contribution fund of the Social Security Act through the office of the Secretary of Labor and Industry and to make charges of this tax to the fund or funds from which wage or salary payments are issued to employees of the Borough. Such payments are to be made in accordance with the provisions of the law and regulations promulgated by the Secretary of Labor and Industry and the Federal Security Administrator. Such payments which are delinquent shall bear interest at the rate of 1/2 of 1% per month until such time as payments are made.
[Adopted 8-31-1987 by Ord. No. 943]
Benefits for all regular, full-time Borough employees shall be as established from time to time by the Borough Council by resolution.